My Options Superannuation Pty Ltd (‘My Options Super’), the Australian based subsidiary of STM Group plc, has appointed a Customer Relations Manager and Senior Administrator to support its new QROPS Information Service.

Victoria Billington, who has moved from STM Fidecs (Gibraltar) to live and work in Melbourne, is looking forward to extending and building new business relationships with Australian licensed advisers.

“This opportunity was just too good to miss! The My Options Super Administration and QROPS Information Service was only launched last month. With it offering so many benefits for Australian residents with UK pension savings this is a really exciting time to be joining the business. Bearing in mind that there are 1.8million UK expats already in Australia, and taking into account returning Australian nationals plus the fact that around 60,000 UK nationals emigrate every year, there is a huge potential market.”

Victoria Billington

The My Options Super Administration and QROPS Information Service provides support with establishing an SMSF (Self-Managed Superannuation Funds) and making the necessary notifications to HMRC associated with QROPS status, as well as ongoing administration services (including Australian Tax Office reporting and audit services) and specialist QROPS support throughout the life of the SMSF.

Commenting on Victoria’s appointment Stuart Denness, Managing Director of My Options Super, said: “Victoria has been with the STM team for over two years and worked in Australia earlier in her career. That experience, combined with her enthusiasm for the product and pensions industry expertise, made her the ideal choice for this post. She is a fantastic addition to the My Options Super team and will play an important role in the exciting plans we have for 2022 and beyond.”

Managing Director of My Options Super, said: “Victoria has been with the STM team for over two years and worked in Australia earlier in her career. That experience, combined with her enthusiasm for the product and pensions industry expertise, made her the ideal choice for this post. She is a fantastic addition to the My Options Super team and will play an important role in the exciting plans we have for 2022 and beyond.”

Stuart Denness commenting on Victoria’s appointment

The My Options SMSF is available to individuals over age 55 and therefore will provide a final destination for Australian residents wishing to bring their UK retirement funds into their country of residence. As part of the STM Group policy for inter group client transfers, any transfers from a pension product offered by the wider STM Group into the My Options SMSF will not incur any exit fees.

The SMSF is a well-known Australian retirement solution which offers clients a high level of control, investment choice and flexibility. SMSFs have been a popular option for Australian residents to facilitate the transfer of UK monies into Australia. For full details about the service go to myoptionssuper.com.au which includes a dedicated portal that enables financial advisers to submit applications and obtain up to date investment information for the SMSF.